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Search Results 0 to 7 of about 8 (some duplicates have been removed)
boehner. cut it loose so they can go christmas shopping, senator mcconnell. it's what the people voted for. that's why they voted for me. that's the president talking. we are joined now by nbc's chief white house correspondent chuck todd. thanks for joining us tonight. this was a hot pressure cooker press conference and you were in the middle. let's talk about the president's tactic. it looks like he's got one. here he is sticking out his message of defending the middle class today, sticking to it. he practically dared the republicans to hold tax cuts for the middle class hostage. he went back to that word hostage. let's take a look. >> the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. i hope republicans in the house come on board, too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. the most important step we can take right now, i think the foundation for a deal that helps the economy, creates jobs, gives consumersty, which means gives consumers confidence they'll have c
to tackle the impending fiscal cliff but the president and the speaker of the house john boehner each drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching
seem to be moving closer to a key sticking point. >> speaker boehner seemed to suggest that he was open to closing loopholes, to real tax reform. can you get there by just closing loopholes, or will it take more than that? >> well, look, i don't want to prejudge the discussions. i think that the speaker's comments have been encouraging and there is obviously money to be gained by closing some of these, closing some of these loopholes and applying them to deficit reduction. there are a lot of ways to skin this cat. gregg: illinois congressman peter roskam joins us. he is on the house ways and means committee. he joins us from chicago. good to see you. house speaker boehner says he will oppose any increase in tax rates. and the white house said on friday, and i will read this directly, the president will veto any bill that includes an extension of the current tax rates for those earning more than $250,000 a year. so congressman, where is the come promize? >> i think the best predictor of future behavior is past behavior. we've heard this language coming from the white house before. we hea
Search Results 0 to 7 of about 8 (some duplicates have been removed)